UNDERSTANDING
RETAIL & OFFICE INSURANCE
Along with the common risks affecting most business operators, retailers face circumstances unique to their industry. Risks include damage to or loss of inventory, computers and business records needed to conduct business and damages to the property where they conduct their business. Any issue that interrupts day-to-day operations can spell doom for a retailer. It’s the same with offices. Whether you’re a doctor, chiropractor, tax professional or other business, your success depends on your ability to conduct business daily. Retail and Office Insurance can help cover costs related to issues that affect ongoing business operations.
CHOOSING A RETAIL & OFFICE INSURANCE POLICY
Retail and Office Insurance policies typically fall under the category of a Business Owners Policy, with coverage tailored to that specific business. In general, Retail and Office Insurance combines three types of coverage into one policy:
General Liability—helps protect the business operator from issues such as customer injuries or damage to a customer’s property. You may be an accountant, for example, and a client trips on loose carpet in the office and is injured, or you’re a jeweler and one of your employees damages a customer’s watch while changing the battery. General Liability Coverage can help cover claims related to those issues. It can also help protect the business operator from costs related to certain claims of slander or libel.
Commercial Property—offers protection for the office or retail space where you conduct business. It can also help protect the tools and equipment you use in operating your business, including computers, store fixtures and more.
Business Income—helps provide income in the event business operations are halted because of covered property damage. The types of coverage a retailer or other office-based business needs depends in large part on the specific type of business and the risks associated with that particular business. An experienced insurance professional can help determine the proper coverage.
WHAT WE DO
The Insurance Pros at Cell Brokerage specialize in providing affordable and customized insurance options and superior service to business owners. We partner with a variety of insurance providers, so you are presented with options that fit your needs (and budget).
Our Insurance Pros work with you to:
- Understand the types of coverage you need
- Match you with a reputable insurance provider
- Identify how much and what type of coverage you want/need
- Bundle your plan with other types of coverage to maximize your savings
At Cell Brokerage, our clients are people, not policies.
